Mubasher: Al Salam Group Holding achieved profits worth about KWD 108,900 ($355,630) during the fourth quarter of 2016 against losses of KWD 2 million ($6.5 million) in the same period of the previous year.

During fiscal year 2016, the company, which is listed on both Boursa Kuwait and Dubai Financial Market, posted profits of about KWD 314,700 versus losses of KWD 1.4 million in FY15, according to a bourse filing issued on Thursday.

At the stock level, Al Salam ended Thursday’s trading session at 60 fils.